$3,250,000
SOLD DEC 15, 2023
3 Beds
3.5 Baths
3,486 Sq Ft
$3,891/mo HOA Fee

Recently Sold

$932 Per Sq Ft

6% Below List Price

52 Days on Market

Highlights

  • Doorman
  • 3-minute walk to Clark/Division Station
  • Wood Flooring
  • Lincoln Park High School Rated A
  • Fitness Center
  • 2-minute walk to Mariano (Louis) Park

About This Home

As of December 2023

Live in luxury in this south facing, high floor home at the intimate boutique 4 E. Elm! This beautifully upgraded and sophisticated half floor unit features a private elevator entry, recently refinished hardwood floors, dramatic floor to ceiling windows with Lutron recessed motorized shades throughout, 10' ceilings and smart home integration. The favorable floor plan has 3 bedrooms, 3 and a half bathrooms, and a terrace on the southeast corner of the unit with breathtaking lake and city views to enjoy. As you enter the home, you will be in awe of not only the spectacular view, but the expansive and open living and dining room that is an entertainer's dream. The marble wall with a gas fireplace in the living room adds to the sleek design features of this home. The high-end open kitchen has a new marble waterfall countertop on the eat-in island, top of the line appliances and an abundance of beautiful cabinetry. Sit and enjoy views down State St and Rush St from the family room or head out to the terrace with custom tile flooring to soak in the lake views. The powder room features onyx walls and vanity countertop. Along the southeast side of the unit is the impressive primary bedroom suite with lake views, recently added built-in nightstands, access to the terrace, and two completely renovated custom walk-in closets. The newly renovated primary bathroom includes upgrades such as marble flooring and walls, new vanities, high-end fixtures, and additional built-in cabinetry. It also offers Nuheat heated floors and a luxurious Kohler jetted tub. The two additional bedrooms on the west side of the home are both ensuite with bathrooms that have both been recently upgraded with wallpaper, additional cabinetry, shower doors and in the second bathroom, porcelain tile flooring. Custom designed office space in the second bedroom. The fully equipped laundry room with side by side Electrolux washer and dryer has new shelving and cabinetry for additional storage. Two prime side by side parking spaces available for $50,000 each. The building includes an outdoor pool, whirlpool, sun deck, fitness center, screening room, & clubhouse lounge. In the heart of the city's best shopping, dining, bars, and the Lakefront!

Last Agent to Sell the Property

Millie Rosenbloom

Baird & Warner License #475085764 Listed on: 09/02/2023

Baird & Warner

Last Buyer's Agent

Linda Shaughnessy

Jameson Sotheby's Intl Realty License #475092906

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $63,362

Year Built

  • Built in 2016

HOA Fees

  • $3,891 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Reinforced Caisson Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,486 Sq Ft Home
  • Built-In Features
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Balcony
  • Terrace

Schools

  • Ogden International Elementary And Middle School
  • Lincoln Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 35 Units
  • Rachael Owens Association, Phone Number (312) 255-1938
  • High-Rise Condominium
  • Property managed by Sudler
  • 23-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Service Elevator
  • Package Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$63,362

Year Built

Built in 2016

Lot Details

0

HOA Fees

$3,891 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft,High Rise (7+ Stories)
  • Year Built: 2016
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 19
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 23

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3486
  • Room Type: Foyer, Terrace, Walk In Closet
  • Stories Total: 23
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter, Reinforced Caisson
  • List Price: 3450000
  • Waterfront: No
  • Exterior Building Type: Glass

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 3891
  • Association Amenities: Door Person, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Service Elevator(s), Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Rachael Owens
  • Management Phone: 312-255-1938
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Ogden International
  • High School: Lincoln Park High School
  • Middle/Junior School: Ogden International
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 63361.52
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Aug 23, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Stein Jordan and 19S Living Trust
Seller's Agent
Philip Skowron
Compass
Buyer's Agent
Millie Rosenbloom
Baird & Warner
List Price
$4,500,000
Sold Price
$4,450,000
Premium/Discount to List
-$50,000
-1.11%
Current Estimated Value
$2,540,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,909,977
Avg. Annual Appreciation
-13.96%
Original Mortgage
$3,560,000
Outstanding Balance
$3,106,687
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$1,265,829
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $4,450,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,560,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $3,250,000 -5.8% $932 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
09/02/2023 09/02/23 For Sale $3,450,000 -22.5% $990 / Sq Ft
08/23/2019 08/23/19 Sold $4,450,000 -1.1% $1,277 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $4,500,000 +14.3% $1,291 / Sq Ft
06/24/2016 06/24/16 Sold $3,936,052 +0.9% $1,129 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $3,900,000 -- $1,119 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $60,697 $288,858 $10,169 $278,689
2023 $59,170 $287,678 $8,188 $279,490
2022 $59,170 $287,678 $8,188 $279,490
2021 $63,362 $315,089 $8,187 $306,902
2020 $50,887 $234,013 $4,019 $229,994
2019 $63,936 $324,401 $4,019 $320,382
2018 $62,859 $324,401 $4,019 $320,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11875903

Midwest Real Estate Data (MRED)

APN: 17-03-200-087-1024